MBA in Power Management: Course, Admission 2024, Eligibility, Fees, Syllabus, Scope

MBA in Power Management: Course, Admission 2024, Eligibility, Fees, Syllabus, Scope

Edited By Moksh Dheri | Updated on Nov 27, 2024 10:26 AM IST

MBA or Master of Business Administration in Power Management. The course duration is two years, spread across four semesters. It is offered in business and management and provides knowledge related to the power and renewable energy sectors. Power management involves strategising and utilising power distribution, power supply, and power operation management. Candidates with bachelor's degrees are eligible to apply for an MBA in power management.

Business schools generally follow a three-stage admission procedure. It includes entrance examinations, written tests, and group discussion sessions. The course curriculum also includes internships, guest lectures, project work, and research work to help the candidates gain practical experience in the power management sector.

After graduation with this MBA specialisation, candidates are eligible for career options such as Power and Green Energy Regulator, ESG Specialist, Project Manager, and Production Planner. The average salary for an MBA Power Management graduate in India is Rs. 4.6 LPA. The average salary varies depending on the skills and experience of the graduate.

MBA in Power Management Course Details

Before applying for admissions, candidates should know some highlights about the course. They can also verify these details by contacting the official website of the provider. In the table below, we have mentioned some important details of an MBA Power Management course.

Particulars

Values

Degree Name

MBA in Power Management

MBA Power Management Course Type

Postgraduate

MBA Power Management Course Duration

2 years

MBA Power Management Entrance Exams

CAT, CMAT, MAT, XAT, SNAP

MBA Power Management Eligibility Criteria

Bachelor’s degree

MBA Power Management Admission Process

Entrance test

MBA Power Management Fees for the entire duration

Rs. 8 lakhs to Rs. 15 lakhs

MBA Power Management Average Salary

Rs. 6.73 LPA

MBA Power Management Job Profiles

Financial Planners, Project Managers, Procurement Managers, Business Analysts, Production Planners

MBA Power Management Top Recruiters

Chevron, Tesla, Siemens Gamesa, First Solar, Duke Energy, EDF, AECOM

MBA in Power Management Eligibility Criteria

The minimum eligibility requirement to apply for an MBA in Power Management depends on the institute. The governing body of the institution holds the right to modify the MBA Power Management eligibility criteria. Candidates can easily find these details along with other course requirements on the authorised website of the providers. Below we have mentioned the common eligibility requirements of an MBA Power Management course.

Eligibility ParametersDetails
Educational QualificationBachelor's degree from a recognised institute in India
Minimum aggregate score50 per cent aggregate (5-10 per cent concession for SC/ST/ or OBC applicants)
Work Experience1-2 year (optional)

MBA in Power Management Admission Procedure

Generally, the admission procedure of all the business schools is very similar. Consisting of an entrance examination, written aptitude test, and personal interview. Mentioned below are the step-wise admission guidelines for an MBA in Power Management course are listed below.

Step 1- Eligibility Criteria

First and foremost, the candidates need to fulfil the eligibility requirements of the course. It can be found on the official website of the institute or programme brochure.

Step 2- Online Application Form

Secondly, eligible candidates need to register themselves for the course. Those who are unable to apply online can also visit the admission department of the college to get the online application form.

Step 3- Entrance examination

Eligible candidates need to appear and successfully clear the entrance examinations. CAT, MAT, CMAT, XAT, and SNAP are important national-level entrance examinations.

Step 4- Group Discussion and Personal Interview

Group discussions and personal interviews are important criteria for MBA admissions. Those who successfully clear all these requirements are shortlisted.

Step 5- Pay the course fees and submit relevant documents-

Shortlisted candidates are required to pay the specified fees and submit the relevant documents to conclude the admission procedure.

Top MBA in Power Management Entrance Exams

There are various entrance exams for management courses in India. These exams are conducted at the national, state/ or university level, each having its syllabus and requirements. The following are some popular MBA in Power Management entrance exams.

Exam NameConducting BodyExam Schedule

CAT

IIM Lucknow

CAT Exam Schedule

MAT

AIMA

MAT Exam Schedule

CMAT

NTA

CMAT Exam Schedule

XAT

XLRI Jamshedpur

XAT Exam Schedule

SNAP

Symbiosis International University

SNAP Exam Schedule

MBA in Power Management Cutoff

The cutoff is an important criterion for admissions. The cutoff score is influenced by various factors such as the difficulty level of the exam, the total number of applicants, and the availability of seats. The cutoff score is released after the declaration of the exam results. Cutoff requirements for the reserved category applicants may also be different. Private and government colleges may also have different cutoff parameters.

MBA in Power Management Syllabus

The MBA in power management curriculum is spread over two years and divided into four semesters. It focuses on providing theoretical knowledge in the initial two semesters, followed by research, training, and project-based learning in the last two semesters. In the following table, we have discussed the MBA in Power Management course curriculum of MDU Rohtak.

Semester 1

Management Concepts & Applications

Managerial Economics

Organisational Behaviour

Quantitative Analysis

Accounting for Managers

Business Communication Skills

Business Environment

Energy Resources, Conversions, and Power Plant System

Semester 2

Financial Management

Marketing Management

Human Resource Management

Operations & Supply Chain Management

Business Research Methods

Operations Research

Electricity Industry Structure and Regulations

Management of Power Transmission and Distribution

Semester 3

Strategic Management

Management Information System

Business Legislation

Power Environment Interface

Summer Training Report

Optional Paper

Semester 4

Entrepreneurship

E-Commerce

Power Pricing and Power Purchase Agreements

Integrated Energy Management and Power Planning

Project Report

Comprehensive Viva-voce

Optional Paper

-

MBA in Power Management Fees

The MBA in Power Management fee structure is determined by the governing body of the college. It includes tuition fees, admission fees, and other service charges and candidates need to pay the course fees every semester. Private colleges generally have higher fees compared to public colleges, but this is not always the case.

Scholarships to deserving students are also provided in many colleges. The fee structure also varies for international students, generally higher than for Indian nationals. The average MBA Power Management fee is around Rs. 8 lakhs to Rs. 15 lakhs, depending on the institution.

MBA in Power Management Scope

An MBA in power management opens diverse career opportunities and equips individuals with the skills to succeed in the energy sector. Graduates can find opportunities as energy management consultants, renewable energy project managers, power plant managers, and analysts in the energy sector. An MBA in power management provides a strategic understanding of business and energy. Candidates interested in working as an academician or researcher can further pursue a Ph.D. in Power Management or a related discipline.

Career Options after MBA in Power Management

After completing an MBA in power management, graduates have various promising career options across the energy sector. The following are the most pursued MBA in power management job roles.

Job ProfilesJob DescriptionsAverage Salary
Financial PlannersFinancial planners are professionals who help individuals and businesses to manage their finances. They analyse financial situations, create plans, and offer strategies to achieve long-term financial success.Rs. 4.4 LPA
Project ManagersProject managers are responsible for planning, executing, and closing projects. They coordinate team efforts, manage resources, and communicate progress to stakeholders.Rs. 17.5 LPA
Procurement ManagersProcurement managers oversee the sourcing and purchasing of goods and services for a company. They play a key role in optimising the supply chain and managing vendor relationships.Rs. 15.6 LPA
Business Analysts

Business analysts analyse and interpret data to help organisations make informed business decisions. They assess processes, identify areas for improvement, and collaborate with stakeholders to define and implement solutions.

Rs. 9.8 LPA

Top Recruiters

Top recruiters for individuals with an MBA in power management vary based on the specific industry. However, some notable companies that seek professionals with expertise in power management are provided below.

  • Chevron
  • Tesla
  • Siemens Gamesa
  • First Solar
  • Duke Energy
  • EDF
  • ERM (Environmental Resources Management)
  • AECOM
  • Government Agencies

Benefits of Studying MBA in Power Management

Graduates will gain in-depth knowledge of power management, energy efficiency, renewable energy sources, and sustainable practices. Skills provided in the course will open up diverse career paths in roles such as energy consultant, project manager, analyst, and strategist. Candidates will also acquire financial management skills which will allow them to make informed decisions and optimise resource allocation for sustainable growth.

MBA in Power Management Salary

The MBA in power management is not static and depends on factors such as location, employing company, job roles, and experience. Below, we have compiled the MBA power management job roles, along with their respective salary.

SectorsAverage Salary

Private

Rs. 3 LPA-Rs. 100 LPA

Top Private MBA in Power Management Colleges in India with Fees

Various private colleges provide MBA in power management programmes, each having its eligibility. Below, we have listed such private MBA power management colleges, along with their total fees.

Top Government MBA in Power Management Colleges in India with Fees

When pursuing an MBA, most students want to gain admission to government-funded institutions, because of their academic excellence and lower fees. There are very few government colleges in India that offer MBA in power management as highlighted in the table below.

Colleges

Total Fees

NPTI Delhi

Rs. 8.0 lakhs

Maharshi Dayanand University, Rohtak

-

An MBA in Power Management offers a combination of business acumen and expertise in the energy sector. Graduates can contribute to the ever-evolving landscape of global energy management.

Frequently Asked Questions (FAQs)

1. What is an MBA in Power Management?

MBA in Power Management is a postgraduate programme that focuses on providing business and management education within the power and renewable energy sectors. It covers economics, accounting, marketing, and specialised topics related to power distribution, supply, and operation management.

2. Who is eligible for an MBA in Power Management?

Candidates with any bachelor's degree from a recognised university are eligible to apply for MBA in Power Management. The minimum required marks are 50 per cent, with a relaxation for reserved category candidates.

3. What entrance exams are required for admission to MBA in Power Management?

Popular entrance exams for an MBA in Power Management include CAT, CMAT, UPESMET, MAT, XAT, and CUET. These exams assess the candidates' aptitude and are essential for admission to reputed management colleges.

4. Can I pursue an MBA in Power Management online?

Yes, some colleges, such as UPES Online, offer MBA in Power Management programmes online, providing greater flexibility for working professionals and those who prefer online learning.

5. What are the career options after completing an MBA in Power Management?

Graduates can pursue careers as consultants, business analysts, project managers, financial planners, and production planners in the energy sector. Opportunities exist in companies like Chevron, Tesla, Siemens Gamesa, and government agencies.

6. What is the average salary after completing an MBA in Power Management?

The average salary for MBA in Power Management graduates varies based on roles. However, the average salary of graduates is approximately Rs. 6.73 LPA.

7. What skills are important for success in MBA in Power Management?

Skills such as strategic planning, leadership, communication, decision-making, financial management, and risk management are beneficial for success in MBA in Power Management.

8. What is the syllabus for MBA in Power Management?

The MBA in Power Management curriculum includes subjects like management concepts, economics, business communication, electricity industry structure, power pricing, and strategic management.

9. Are scholarships available for MBA in Power Management students?

Many colleges offer scholarships to deserving MBA in Power Management students. The availability and criteria for scholarships vary among institutions, and interested candidates should check with the respective colleges for more information.

10. What is the fee range for an MBA in Power Management?

The total MBA in Power Management fees typically range from Rs. 8 lakhs to Rs. 15 lakhs on average.

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